must jot down trading record yesterday because it is important and crucial for me to develop trading as lifetime career. Lost internet connection in my office so headed home to operate on my laptop that's mistake #1. knowing order typing and entry is difficult on laptop but saw RSLS and got too excited and traded it and in fact made money going long initially which clouds my mind that longing is the way to go and this is Mistake #2. my order was filled fast like lightning and went down another 20-50 points and that's big big red flag on the long side and instead of hitting the bids I chose to add and waiting for the next relatively stronger bounce which never came and that's Mistake #3. It's rare to have a stock that move like this!!!! $2 to $7 then $7 to $2 within 2 hrs. phenomenal action!!!
AMRN-my read was correct, saw lots of absorbing action so really thought it could bounce but timing was wrong. it gets heavy and selloff down to $17ish and from there it started the bounce but I got too busy scalping TVIX and missed it. Disastrous day for me, learn from it!!! Yet importantly keep emotion and psychology lvl stable and that's the ingredient to make back losses!!!
knowing yesterday's $32k weighing on my head but tried not to think about making all back in one trade and forced myself to stay disciplined regardless and result speaks for itself.
CGC-perfect read!!!! absorbing and no clear rejection and TLRY's earning today so thinking crowded and tomorrow attack at higher lvl.
SQ-relatively stronger than market and other players so I longed it. thank you Michail!!!
TVIX-thanks to market rebound.
No comments:
Post a Comment